Telegram reported a huge increase in the value of its digital assets in the first half of 2024, to $1.3 billion from nearly $400 million at the end of last year. The documents show that growth, along with proceeds from the sale of its closely held cryptocurrency Toncoin and another Toncoin-related transaction, provided the Dubai-based company with a financial cushion after legal troubles for its founder, Durov, who remains on bail awaiting trial in France.

Rumble (NASDAQ: RUM), a video sharing platform and cloud services provider, announced that its board of directors has approved a corporate financial diversification strategy to allocate a portion of the company's excess cash reserves to Bitcoin. Rumble's Bitcoin allocation strategy will include the purchase of up to $20 million of Bitcoin at the company's discretion. The actual timing and value of Bitcoin purchases under the allocation strategy will be determined by management at its sole discretion and will depend on a variety of factors, including, but not limited to, general market and business conditions, Bitcoin trading prices, and Rumble's expected cash needs. The allocation strategy may be suspended, discontinued or modified at any time for any reason.

Sun Yuchen, the founder of Tron, invested $30 million in World Liberty Financial (WLFI), the DeFi project of US President-elect Trump, becoming the largest investor in the project. Sun Yuchen wrote on the X platform: "The United States is becoming a blockchain center, and the rise of Bitcoin is thanks to Trump." A WLFI spokesperson said in a statement: "There have been several major purchases in recent weeks, and we are confident of future success. More such developments are expected in the coming weeks and months."

BNB Chain ecosystem re-hypothecation infrastructure Kernel announced that it has raised a total of US$10 million in multiple rounds of financing. Investors include Binance Labs, SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Draper Dragon, DACM, CYPHER, ArkStream Capital, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA and DWF Labs.

Through Restaking technology, Kernel transforms BNB's security into a programmable and attributable trust mechanism to support a variety of crypto applications, services, and middleware. Kernel plans to provide shared decentralized economic security for BNB Chain by integrating native and liquid staking tokens (LSTs), and gradually expand to other first-level blockchains (L1), including BTC and its derivative assets.

As of November 24, MicroStrategy held a total of 386,700 bitcoins, with a total purchase cost of approximately US$21.9 billion and an average cost of US$56,761 per bitcoin.

According to Aggr News, Robinhood’s US platform has officially launched the WIF token.

Apple CEO Tim Cook recently revealed in an interview that he has personally held Bitcoin for three years as part of his diversified investment. However, Cook made it clear that this investment is a personal act and has nothing to do with Apple. Apple will not incorporate cryptocurrency into its business model, including payment systems or company portfolios, in the near future or in the future.

Digital asset investment products saw their largest weekly inflows last week, at $3.13 billion, bringing year-to-date total inflows to a new high of $37 billion.

Solana currently has 107.5 million monthly active addresses, and is expected to break the record of 123 million set in October by the end of the month. In addition, Solana's main platforms Pump.fun and Raydium set new highs in transaction fee income this month, reaching US$71.5 million and US$182 million respectively.

The total supply of ZRC is 10 billion, of which 21% is allocated to community rewards, including 7% for the first quarter airdrop, 3% for the second quarter airdrop, and 2.45% for other activities. The token allocation for the team and investors has a 12-month lock-up period, and then a linear release over 24 months.

November 25, 2024 19:30 (GMT+8): 1000 WHYUSDT perpetual contracts; November 25, 2024 19:45 (GMT+8): 1000 CHEEMSUSDT perpetual contracts.